Structural Volatility Breakout (SVB)

Overview
This is a technical analysis tool that helps identify the current market trend and looks for potential breakout opportunities. It combines several calculations into one indicator to assist with chart analysis.
Technical Features The indicator is built on these main ideas:
1. How it Identifies the Market Trend:
* First, it checks for a clear trend by looking for a pattern of higher highs and higher lows (for an uptrend) or lower highs and lower lows (for a downtrend).
* Next, it measures the steepness of the recent trend to see if the price is moving with real momentum.
* Finally, it uses a "choppiness filter" to decide if the market is too messy and unpredictable. If the market is choppy, the indicator stays neutral to avoid unclear conditions.
2. How it Generates Breakout Signals:
* The indicator draws upper and lower bands around the price. These bands are designed to be stable and ignore sudden, random price spikes.
* A "Long+" signal appears if the price closes above the upper band while the indicator has identified an uptrend.
* A "Short+" signal appears if the price closes below the lower band while the indicator has identified a downtrend.
3. How it Grades Signal Quality:
* Every signal gets a star rating (from one to three stars). This rating is based on three factors:
1. Volume: Is there strong volume supporting the move?
2. Location: Did the breakout happen close to the central trend line?
3. HTF Agreement: Does the trend on a higher timeframe agree with the signal?
4. How it Adapts to Different Markets:
* The settings include presets for different markets (like Forex, Crypto, or Stocks). Choosing a preset automatically adjusts the indicator's internal math to better fit that market's typical behavior.
5. Multi-Timeframe Trend Dashboard:
* The indicator includes an on-screen dashboard that provides an at-a-glance view of the trend across multiple timeframes (1H, 2H, 4H, 8H, and Daily).
* It uses a robust engine combining a baseline moving average and momentum (MACD) to determine the trend for each timeframe, showing either Bullish, Bearish, or Neutral. This allows you to quickly assess broader market alignment without switching charts.
How to Use This Indicator
1. Use the Feature Control Panel to Customize Your View:
* At the very top of the settings, you will find a control panel with checkboxes. This allows you to easily turn major visual components on or off to declutter your chart. You can toggle the Core Algorithm, Risk Management boxes, Trend MA, Dashboard, and more.
2. In the settings, choose a "Market Preset" that matches the asset you are viewing. For manual control, turn "Auto-Configure" off.
3. Look at the background color to understand the trend: Green suggests an uptrend, Red suggests a downtrend, and Gray suggests a choppy/ranging market.
4. Watch for "Long+" or "Short+" labels. The star rating next to them provides extra context on the signal's conditions.
5. If enabled, the on-chart Stop Loss and Take Profit boxes can be used as a visual reference.
Intended Use & Limitations
* Recommended Assets: Designed for use on various assets. Performance will differ between markets. Presets for Forex, Indices, Crypto, Commodities, and Stocks are provided as starting points.
* Timeframes: Can be used on all timeframes. The default settings are primarily tuned for intraday charts.
Limitations:
* This is a tool to support analysis. It does not generate automatic buy or sell advice.
* The indicator is not a strategy and does not guarantee results. Users are responsible for their own trading decisions.
* Past performance shown in the statistics table does not predict future results.
* Always use this tool in combination with your own analysis and risk management plan.
SVB believe that there is no magic indicator that is able to print money. Indicator toolkits provide value via their convinience, adaptibility and uniqueness. Combining these items can help a trader make more educated; less messy, more planned trades and in turn hopefully help them succeed.
Skrip jemputan sahaja
Hanya pengguna yang diluluskan oleh penulis boleh mengakses skrip ini. Anda perlu memohon dan mendapatkan kebenaran untuk menggunakannya. Ini selalunya diberikan selepas pembayaran. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi terus teamprofitsforex.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
Penafian
Skrip jemputan sahaja
Hanya pengguna yang diluluskan oleh penulis boleh mengakses skrip ini. Anda perlu memohon dan mendapatkan kebenaran untuk menggunakannya. Ini selalunya diberikan selepas pembayaran. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi terus teamprofitsforex.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.